NORTH AMERICA BATTERY RECYCLING MARKET FORECAST 2020-2028

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NORTH AMERICA BATTERY RECYCLING MARKET FORECAST 2020-2028

The North America battery recycling market is estimated to register a CAGR of 9.24% during the forecast period, 2020-2028. The rising environmental and health concerns with regard to battery disposal is one of the important drivers of market growth in the region. The thriving industries, like automotive and consumer electronics, and industrial applications, are estimated to drive the demand for recycled batteries in the region during the forecast period.

NORTH AMERICA BATTERY RECYCLING MARKET FORECAST 2020-2028

North America Battery Recycling Market by Application (Transportation, Consumer Electronics, Industrial) by Chemistry (Lithium-ion, Lead Acid, Nickel, Others) and by Geography.

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The North America battery recycling market is estimated to register a CAGR of 9.24% during the forecast period, 2020-2028. The rising environmental and health concerns with regard to battery disposal is one of the important drivers of market growth in the region. The thriving industries, like automotive and consumer electronics, and industrial applications, are estimated to drive the demand for recycled batteries in the region during the forecast period.
North America Battery Recycling Market

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The North America battery recycling market growth is analyzed on the basis of the growth prospects of the United States and Canada. The renewable capacity of the United States has been on the rise in the past few years. The energy storage batteries that store excess energy during the low demand hours aid in mitigating the flaws in switching to renewables. As a result, there is an increasing demand for batteries that can provide the most feasible energy storage solution, thereby propelling the need for battery recycling. The country has also witnessed a growth in the number of warehouses, and with the increasing consumer spending, business inventories, trade, and industrial production, the number of warehouses are expected to grow further. This further leads to a rising demand for forklifts, which is again projected to boost the rechargeable batteries market during the country. The rapid construction and expansion of data centers in the United States are set to impact the market growth, since they make the major use of batteries. The growing battery usage and federal-level policy support in the United States make the country one of the most conducive markets for battery recycling.

Aqua Metal Inc is engaged in the business of lead recycling through its AquaRefining technology. The company recycles lead acid batteries. The company is set on developing additional lead-acid battery recycling facilities based on its AquaRefining technology, through joint development arrangements or licensing.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • STRINGENT GOVERNMENT POLICIES AND RISING BATTERY WASTE DISPOSAL
      • DECLINING PRICES OF LITHIUM-ION BATTERY
      • INCREASING ADOPTION OF ELECTRIC VEHICLES
    •    KEY RESTRAINTS
      • HIGHER COST, LACK OF SUPPLY CHAIN, AND LOW YIELD IN BATTERY RECYCLING
      • ADVANCEMENTS IN BATTERY TECHNOLOGIES
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • REGULATORY FRAMEWORK
  2. MARKET BY APPLICATION
    • TRANSPORTATION
    • CONSUMER ELECTRONICS
    • INDUSTRIAL
  3. MARKET BY CHEMISTRY
    • LITHIUM-ION
    • LEAD ACID
    • NICKEL
    • OTHERS
  4. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • ACCUREC RECYCLING GMBH
    • AQUA METALS INC
    • BATTERY RECYCLING MADE EASY LLC
    • BATTERY SOLUTIONS INC
    • CALL2RECYCLE INC
    • ECO-BAT TECHNOLOGIES LTD
    • EXIDE TECHNOLOGIES
    • NEOMETALS LTD
    • RAW MATERIALS COMPANY
    • RECUPYL SAS
    • RECYLEX SA
    • THE DOE RUN RESOURCES CORPORATION
    • UMICORE SA
    • GS YUASA CORPORATION
    • RETRIEV TECHNOLOGIES INC

TABLE LIST

TABLE 1: MARKET SNAPSHOT – BATTERY RECYCLING

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: NORTH AMERICA BATTERY RECYCLING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 4: NORTH AMERICA BATTERY RECYCLING MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 5: NORTH AMERICA BATTERY RECYCLING MARKET, BY CHEMISTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: NORTH AMERICA BATTERY RECYCLING MARKET, BY CHEMISTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: AVERAGE-OPERATING LIFE OF LEAD ACID BATTERY, BY APPLICATION

TABLE 8: NORTH AMERICA BATTERY RECYCLING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: NORTH AMERICA BATTERY RECYCLING MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: NORTH AMERICA BATTERY RECYCLING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 7: NORTH AMERICA BATTERY RECYCLING MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA BATTERY RECYCLING MARKET, BY CONSUMER ELECTRONICS, 2020-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA BATTERY RECYCLING MARKET, BY INDUSTRIAL, 2020-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA BATTERY RECYCLING MARKET, GROWTH POTENTIAL, BY CHEMISTRY, IN 2019

FIGURE 11: NORTH AMERICA BATTERY RECYCLING MARKET, BY LITHIUM-ION, 2020-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA BATTERY RECYCLING MARKET, BY LEAD ACID, 2020-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA BATTERY RECYCLING MARKET, BY NICKEL, 2020-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA BATTERY RECYCLING MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA BATTERY RECYCLING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 16: UNITED STATES BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 17: CANADA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY APPLICATION
    • TRANSPORTATION
    • CONSUMER ELECTRONICS
    • INDUSTRIAL
  2. MARKET BY CHEMISTRY
    • LITHIUM-ION
    • LEAD ACID
    • NICKEL
    • OTHERS

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